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Add MP Backs Biodiesel Tax Break Campaign

Lacy Dossett 2025-01-12 04:07:50 +08:00
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<br>MP backs [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [tax break](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) MP [Andrew George](https://www.crunchbase.com/organization/mission-newenergy) is backing a project to keep [tax breaks](https://www.bloomberg.com/profile/company/MNELF:US) for [business](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) who [produce biodiesel](https://stocktwits.com/symbol/MNEL).<br>
<br>[Producers](https://www.google.com/search?kgmid=/m/0cqd_rb) [converting](https://forest500.org/rankings/companies/mission-newenergy-limited) [cooking oil](https://www.crunchbase.com/organization/mission-newenergy) into [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) [presently benefit](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from a 20p [differential](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Team, has been [meeting](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) the [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [alliance](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
<br>Mr George said "a variety of little companies in Cornwall presently generate income from utilized cooking oil".<br>
<br>He included: "In order to have the ability to get this type of market going it does require simply a bit of lift which can be found in the type of tax inevitable."<br>
<br>[Biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is a mix of [traditional](https://www.crunchbase.com/organization/mission-newenergy) diesel, [rapeseed](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and [vegetable oils](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Fuel from pasties to power automobiles<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>